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You buy one ABC December 120 call contract for a premium of $4. You hold the option until the expiration date when ABC stock sells

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You buy one ABC December 120 call contract for a premium of $4. You hold the option until the expiration date when ABC stock sells for $122 per share. You will realize a on the investment. Note that each stock option contract provides for a right to buy or sell 100 shares of underlying stock. 1) $300 loss 2) $200 loss 3) $200 profit 4) $300 profit

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